Founded in 1960, Universidad EAFIT (EAFIT University) is a non-profit private higher-education institution located in the urban setting of the metropolis of Medellín (population range of 1,000,000-5,000,000 inhabitants), Antioquia. This institution also has branch campuses in the following locations: Bogotá, Pereira, Llanogrande. Officially recognized by the Ministerio de Educación Nacional, Colombia (Ministry of National Education of Colombia), Universidad EAFIT (EAFIT) is a large coeducational Colombian higher education institution. Universidad EAFIT (EAFIT) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study. This 62 years old Colombian higher-education institution has a selective admission policy based on entrance examinations. The admission rate range is 60-70% making this Colombian higher education organization a somewhat selective institution. International students are welcome to apply for enrollment. EAFIT also provides several academic and non-academic facilities and services to students including a library, sports facilities, financial aids and/or scholarships, study abroad and exchange programs, online courses and distance learning opportunities, as well as administrative services.